British retail giant Tesco has announced that it will set up a joint venture in China to develop its shopping center business in the nation.

Chinese time-honored steamed stuffed bun brand Goubuli has signed a letter of intent with Taiwan Jianhua Group to jointly open Goubuli's first restaurant in Taiwan's Taichung city.

Dr. Eckhard Cordes, the CEO of the Germany business group Metro, has announced that the company will introduce Media Markt, an electronics store brand operated by Metro Group, into the Chinese market in 2010.

Footwear company Skechers USA, Inc. has expanded its operations in Hong Kong and Macau through a joint venture — Skechers Hong Kong Limited — with the Onwel Group, a leading fashion company in the region.

Pasco, a Japanese bread manufacturer, has jointly announced with Itochu Corporation that the two companies will cooperate with China's Ting Hsin International Group to explore China's bread market.

Inno-Tech Holdings Limited has announced that it has invested RMB10.2 million to form a new joint venture with Zhejiang Hexiang Group to develop a business in the Chinese budget hotel sector.